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putsoanempho75
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CADCHF is in the 4th stage of the Elliott wave
CADCHF
, 240Long
CADCHF: CADCHF is in the 4th stage of the Elliott wave

The CADCHF is in a current Elliott wave, that being stage 4. There is also an imbalance on the 2H chart so even more reason to fill that out to go on with the current trend. Using the Fibonacci retracement indicator, I was able to spot out where the move upward would end and I found that to be in a supply zone that was found on the 3H chart.

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